Avalon Trust’s Invesco Water Resources ETF PHO Stock Holding History

Avalon Trust’s Portfolio PHO Stock Details PHO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,975	Closed	-$142K	–	584
2025 Q3	$142K	Hold	1,975	–	–	0.01%	192
2025 Q2	$138K	Hold	1,975	–	–	0.01%	166
2025 Q1	$127K	Buy	+1,975	New	+$131K	0.01%	163
2024 Q2	–	Sell	-750	Closed	-$49.9K	–	333
2024 Q1	$49.9K	Sell	750 -160	-18%	-$9.94K	﹤0.01%	219
2023 Q4	$55.4K	Buy	+910	New	+$50.1K	0.01%	203

Other funds holding PHO

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

SWM

Shepherd Wealth Management Cincinnati, Ohio $181M AUM 21.77% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $199B AUM 37.98% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $369B AUM 28.27% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

PWM

Perigon Wealth Management San Francisco, California $6.36B AUM 28.76% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $202B AUM 37.79% 1-Year Est. Return

Avalon Trust's PHO Position: Q4 2025 in Review

Avalon Trust sold out of Invesco Water Resources ETF (PHO) in Q4 2025, closing a stake of 1,975 shares — an estimated $142K sold.

Avalon Trust first reported a position in PHO in Q4 2023 and held it in 5 quarters. The position peaked at $142K in Q3 2025. 380 funds tracked by Wall St. Rank hold PHO as of Q4 2025.

Avalon Trust reported no remaining Invesco Water Resources ETF position as of Q4 2025 after selling out during the quarter.
Avalon Trust sold 1,975 Invesco Water Resources ETF shares in Q4 2025, an estimated $142K.
Avalon Trust first reported a position in Invesco Water Resources ETF in Q4 2023 and held it in 5 quarters.
Avalon Trust's Invesco Water Resources ETF position peaked at $142K in Q3 2025.
380 funds tracked by Wall St. Rank held Invesco Water Resources ETF as of Q4 2025.

Based on Avalon Trust's 13F filing for Q4 2025, filed 9 Feb 2026.